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DeFi Dev Corp has extended its meteoric streak of Solana acquisitions, scooping 153,225 SOL to become the largest public holder of the native token. The company has its sights on stacking 1 million SOL armed with cash from its previously announced convertible note offering. DeFi Dev Corp’s SOL Holdings Reach $133 Million According to a
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Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee to see what analysts say about Bitcoin amid the showdown between BTC behemoth Strategy (formerly MicroStrategy) and Jack Mallers’ investment firm, 21 Capital. With their Bitcoin models coming into question, is there a specific definition of what winning means in Bitcoin?
Strategy announced that it recently purchased another 15,355 BTC worth approximately $1.42 billion at an average price of $92,737 last week.
The firm currently holds 553,555 BTC, valued at approximately $52.7 billion. The average buying price is $68,459, and the unrealized profit is $14.8 billion.
“By continuing to grow its Bitcoin holdings, the company maintains its status as a major force in the cryptocurrency market, drawing interest from investors and industry analysts. Strategy is the largest Bitcoin Treasury Company, an independent, publicly traded business intelligence company, and a Nasdaq 100 stock,” Phoenix reported.
Meanwhile, as Strategy accelerates its Bitcoin buying spree, 21 Capital is starting a ‘viral effect’ where companies are turning to BTC accumulation.
A recent US Crypto News publication highlighted the advent of 21 Capital. The Bitcoin investment firm sprouted after Cantor Fitzgerald, SoftBank, Tether, and Bitfinex pooled $3 billion in capital.
Based on sentiment, this new venture could inadvertently challenge Strategy’s position at the helm of corporate Bitcoin ownership in a model sense. According to 21 Capital, Strategy size could make increasing its Bitcoin per share difficult, a metric investors tend to consider.
Amid chatter that 21 Capital could threaten the Michael Saylor-led firm, BitStrategy, a shareholder at Strategy, challenged the prospective market rival’s business model.
In a detailed post on X (Twitter), BitStrategy acknowledged the brewing tension in the Bitcoin treasury arena. However, it holds that Strategy is way ahead of the competition.
“Their company is in direct competition with ours, and they seek to exploit a perceived vulnerability in our structure, openly highlighting their strengths relative to ours to win investment,” BitStrategy challenged in a recent post.
Beyond BTC Yield, also reported in a recent US Crypto News publication, the firm initiated key performance indicators months ago- BTC Gain and BTC $ Gain.
This proactivity by Strategy suggests a commitment to defend its position as a leading Bitcoin-holding corporation amidst rising rivals.
“You can fake an impressive BTC Yield. You cannot fake an impressive BTC Gain,” BitStrategy chimed.
However, analyst KenjiKoshu argues that while Strategy may show substantial Bitcoin gains, smaller companies like 21 Capital could achieve higher Bitcoin per share.
“As someone who has done deep thinking about why MSTR is undervalued, it might be true BTC gain can still be substantial if not higher for MSTR. On a per-share basis, however, which would be what supports the stock; it will be hard to deny a smaller, similarly reputable company is going to make more Bitcoin per share when on the same strategy,” the analyst wrote.
This outlook aligns with sentiment from 21 Capital that Strategy’s large size impedes increasing its Bitcoin per share.
However, BitStrategy articulated that the point of BTC Gain and BTC $ Gain signals the importance of a whole-of-company view of performance relative to a per-share view.
Per the shareholder, there is no agreed-upon conventional valuation methodology for Bitcoin companies. This means any metric is somewhat arbitrary.
Amidst this confusion, BeInCrypto contacted Max Keiser, the Bitcoin pioneer who aided El Salvador’s adoption of Bitcoin.
“For corporations to survive, they must mimic the Strategy’s process, they must ‘Saylorize’ or die,” Keiser told BeInCrypto.
According to Keiser, the world is moving to a Bitcoin Standard, and all fiat money, even with stablecoins propping them up, is doomed.
| Company | At the Close of April 25 | Pre-Market Overview |
| Strategy (MSTR) | $368.71 | $373.50 (+1.30%) |
| Coinbase Global (COIN) | $209.64 | $208.71 (-0.44%) |
| Galaxy Digital Holdings (GLXY.TO) | $20.63 | $20.54 (-0.44%) |
| MARA Holdings (MARA) | $14.30 | $14.41 (+0.77%) |
| Riot Platforms (RIOT) | $7.77 | $7.84 (+0.90%) |
| Core Scientific (CORZ) | $8.31 | $8.37 (+0.72%) |
The post Strategy Scoops Up 15,355 Bitcoin as Max Keiser Declares Corporations Must ‘Saylorize’ To Survive | US Crypto News appeared first on BeInCrypto.
The post XRP News Today: Expert Says XRP Could Drop To 1$ Amid Market Dump And Then Rally to 30$ Ahead of Strategic Reserve appeared first on Coinpedia Fintech News
XRP is at a turning point, and analysts are split on its next move. Some warn it could drop to $1 if it loses key support at $2, while others believe it could rally to $30 by May 2025, especially with its recent inclusion in strategic reserves.
In parallel, StratoVM ($SVM) had a 347% increase, and as Bitcoin’s DeFi sector grows, StratoVM could help bring smart contracts, AI, and faster transactions to the network.
Here’s a closer look at what’s going on with both projects.
XRP’s price could be in for a dramatic swing. Market expert Ali Martinez warns that if XRP falls below the critical $2 support level, it could tumble by 40%, which would drag its value down to $1. Others share this concern and emphasize that holding above $2 is crucial to prevent a deeper sell-off.
Despite the bearish outlook in the short term, some experts are optimistic. EGRAG CRYPTO believes the token could surge to $30 by May 2025 and cites historical trends and technical patterns. He compares the current market setup to 2017, when XRP consolidated before skyrocketing in price.
One of the key reasons behind this bullish prediction is XRP’s recent inclusion in strategic reserves.
Investors now face a crucial period of uncertainty. If XRP loses its key support, it could drop significantly. But if history repeats itself, a major rebound could happen.
As of today, XRP is trading at around $2.48, up 4.5% in the last 24 hours. Trading volume has been strong, reaching approximately $9.84 billion over the same period.
Bitcoin is the go-to asset for storing value, often compared to digital gold. But when it comes to smart contracts, DeFi, and AI applications, it lags behind faster blockchains like Ethereum and Solana.
That’s where StratoVM ($SVM) could come in—a Layer-2 solution designed to potentially tap into Bitcoin’s potential beyond just being a store of value.
Unlike Ethereum, which powers countless decentralized apps and financial tools, Bitcoin’s functionality has been limited. StratoVM might be able to change that by making Bitcoin transactions faster, integrating DeFi, and enabling AI-powered applications.
SVM’s price has grown over 347% in the last week, hitting $0.2217, according to CoinGecko. Yet, despite this massive jump, its market cap is still at $3.7 million—small compared to projects like CoreDAO ($990 million). This means there’s still a lot of room for growth if more people start using it.
Meanwhile, Bitcoin’s DeFi sector (BTCFi) is exploding. In just a year, the total value locked (TVL) in Bitcoin-based DeFi projects has skyrocketed from $307 million to $5.85 billion, according to DefiLlama. With that kind of momentum, demand for Layer-2 solutions like StratoVM could soar.
StratoVM is already gaining traction—it’s listed on Uniswap, and rumors are circling about a centralized exchange (CEX) listing. The project’s testnet is active, with 113,000 wallets and 56,000 daily transactions.
If StratoVM achieves its goal, Bitcoin could break past its traditional role and step into DeFi, smart contracts, and AI.
XRP’s next move is uncertain—some expect a drop to $1, while others see a rally to $30. Either way, it’s a crucial time for investors.
Meanwhile, StratoVM ($SVM) seems to be gaining momentum and showing that Bitcoin can do more than just store value. If it keeps growing, it could help Bitcoin compete in DeFi, smart contracts, and AI.
Disclaimer: It’s important to note that participating in presales carries risks, including market volatility and potential project delays. Please conduct thorough research, understand the risks of market volatility, and seek professional advice before engaging with any blockchain project. Future-oriented statements are speculative and may not be modified.
The post XRP News Today: Expert Says XRP Could Drop To 1$ Amid Market Dump And Then Rally to 30$ Ahead of Strategic Reserve appeared first on Coinpedia Fintech News
XRP is at a turning point, and analysts are split on its next move. Some warn it could drop to $1 if it loses key support at $2, while others believe it could rally to $30 by May 2025, especially with its recent inclusion in strategic reserves. In parallel, StratoVM ($SVM) had a 347% increase, …
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